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Wednesday, November 19, 2025
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Economy

Laos Central Bank Faces LAK 66.86 Billion Embezzlement Loss

The Bank of the Lao PDR (BOL) is intensifying efforts to tackle corruption and internal mismanagement after inspection teams uncovered 181 cases of embezzlement and misappropriation between 2021 and 2025, resulting in losses of LAK 66.86 billion (USD 3 million). Alarmingly, only 22.96 percent of these funds have been recovered,...

New Weight-Based Toll Targets Road Damage from Mineral Transport

Starting in 2026, mineral transport trucks will be charged up to USD 1.5 per...

Laos Moves to Overhaul National School System by 2028

Laos is preparing to reform its national education system by shifting to a 6+3+3...

National Road No. 13 South in Savannakhet Set for Major Rehabilitation

A major 79-kilometer section of National Road No. 13 South is set for restoration...

Laos Uncovers Widespread Corruption, Records Billions in Losses Over Five Years

Laos has uncovered widespread corruption cases nationwide over the past five years, identifying 334...

Laos-China Railway Warns Against Trespassing and Climbing Barriers

The Laos-China Railway Company is warning people who trespass or illegally climb over barriers that their actions could be deadly. Residents were caught by railway...

Laos Issues New Legislation Authorizing Natural Timber Product Exports

The Lao government has issued new legislation authorizing the export of natural wood products. The new regulation is aimed at boosting production and wood processing,...

Laos Oil Refinery in Xieng Khouang to Begin Production Soon

Laos' new oil refinery in Xieng Khouang Province will begin processing crude oil in the coming months. The refinery, located in Pek District, Xieng Khouang Province,...

Vientiane’s Saysettha District to Rezone Roadside Shops and Restaurants

Authorities in Saysettha District of Vientiane Capital are to rezone stalls selling construction materials and roadside restaurants. Major roads in Saysettha District have experienced traffic...

Rice Prices Rise in Asia Amid Stockpiling, Conflict

Global events including lockdowns and conflict have pushed rice prices upward across Asia. Rice prices in Asia rose this week on account of several situations,...

Laos-China Railway Opens Luang Prabang Ticket Office

The Laos-China Railway has opened an official ticket sales office in Luang Prabang to better facilitate the purchase of tickets along major stops. The ticket...